Marimaca Copper Return On Asset vs. Price To Earning

MARI Stock  CAD 4.90  0.13  2.73%   
Considering Marimaca Copper's profitability and operating efficiency indicators, Marimaca Copper Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Marimaca Copper's ability to earn profits and add value for shareholders. At this time, Marimaca Copper's Capex To Depreciation is very stable compared to the past year. As of the 25th of December 2024, Income Quality is likely to grow to 0.73, while PTB Ratio is likely to drop 2.43.
For Marimaca Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Marimaca Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Marimaca Copper Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Marimaca Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Marimaca Copper Corp over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Marimaca Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marimaca Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marimaca Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Marimaca Copper Corp Price To Earning vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Marimaca Copper's current stock value. Our valuation model uses many indicators to compare Marimaca Copper value to that of its competitors to determine the firm's financial worth.
Marimaca Copper Corp is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in price to earning category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Marimaca Copper by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Marimaca Copper's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Marimaca Price To Earning vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Marimaca Copper

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0438
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Marimaca Copper

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
83.78 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Marimaca Price To Earning Comparison

Marimaca Copper is currently under evaluation in price to earning category among its peers.

Marimaca Copper Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Marimaca Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Marimaca Copper will eventually generate negative long term returns. The profitability progress is the general direction of Marimaca Copper's change in net profit over the period of time. It can combine multiple indicators of Marimaca Copper, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income65 K61.8 K
Operating Income-5.9 M-6.2 M
Income Before Tax-7.1 M-7.5 M
Total Other Income Expense Net-1.2 M-1.3 M
Net Loss-7.1 M-7.5 M
Income Tax Expense-7.4 M-7 M
Interest Income597 K567.1 K
Net Loss-1.9 M-2 M
Net Interest Income597 K626.9 K
Net Loss-7.1 M-7.5 M
Change To Netincome7.4 M7.8 M
Net Loss(0.08)(0.08)
Income Quality 0.44  0.73 
Net Loss(0.37)(0.35)

Marimaca Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Marimaca Copper. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Marimaca Copper position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Marimaca Copper's important profitability drivers and their relationship over time.

Use Marimaca Copper in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marimaca Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.

Marimaca Copper Pair Trading

Marimaca Copper Corp Pair Trading Analysis

The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marimaca Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marimaca Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Marimaca Copper position

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Steel Works Etc Theme
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Other Information on Investing in Marimaca Stock

To fully project Marimaca Copper's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Marimaca Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Marimaca Copper's income statement, its balance sheet, and the statement of cash flows.
Potential Marimaca Copper investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Marimaca Copper investors may work on each financial statement separately, they are all related. The changes in Marimaca Copper's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Marimaca Copper's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.